Foot Locker 2003 Annual Report Download - page 31

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Disclosure Regarding Forward-Looking Statements
This report, including the Shareholders’ Letter, contains forward-looking statements within the meaning of the
federal securities laws. All statements, other than statements of historical facts, which address activities, events or
developments that the Company expects or anticipates will or may occur in the future, including, but not limited to, such
things as future capital expenditures, expansion, strategic plans, dividend payments, stock repurchases, growth of the
Company’s business and operations, including future cash flows, revenues and earnings, and other such matters are
forward-looking statements. These forward-looking statements are based on many assumptions and factors, including,
but not limited to, the effects of currency fluctuations, customer demand, fashion trends, competitive market forces,
uncertainties related to the effect of competitive products and pricing, customer acceptance of the Company’s
merchandise mix and retail locations, the Company’s reliance on a few key vendors for a majority of its merchandise
purchases (including a significant portion from one key vendor for approximately 40 percent of its merchandise
purchases), unseasonable weather, risks associated with foreign global sourcing, including political instability, changes
in import regulations, disruptions to transportation services and distribution, the presence of severe acute respiratory
syndrome, economic conditions worldwide, any changes in business, political and economic conditions due to the threat
of future terrorist activities in the United States or in other parts of the world and related U.S. military action overseas,
and the ability of the Company to execute its business plans effectively with regard to each of its business units, including
its plans for marquee and launch footwear component of its business. Any changes in such assumptions or factors could
produce significantly different results. The Company undertakes no obligation to publicly update forward-looking
statements, whether as a result of new information, future events or otherwise.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Information regarding interest rate risk management and foreign exchange risk management is included in the
“Financial Instruments and Risk Management” footnote under “Item 8. Consolidated Financial Statements and
Supplementary Data.”
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